Agree rc, and this deal is extremely positive for China anyway. It reduces their feared dependence on BHP and Rio who were looking to tie up the Pilbara with their awesome strategy of driving the io price to a level where no one could compete. Hmm... how's that working out for them now?
Reckon "The Third Force" might be the first or second before too long. FMG is BHP & RIO's worst nightmare! Wait a minute.. where have I heard that before?
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Agree rc, and this deal is extremely positive for China anyway....
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